Answer:
Bill will earn more interest
He will earn $ 20,448.67 from his investment
Step-by-step explanation:
Firstly let us calculate Jim's earnings based on simple interest
A = P(1 + rt)
Calculation:
First, converting R percent to r
a decimal
r = R/100 = 3.5%/100 = 0.035 per year.
Solving our equation:
A = 15000(1 + (0.035 × 25)) = 28125
A = $28,125.00
The total amount accrued, principal plus interest, from simple interest on a principal of $15,000.00 at a rate of 3.5% per year for 25 years is $28,125.00 for Jim
Now let's us calculate bill's investment based on compound interest
Equation
A = P(1 + r)^t
A=15000(1+0.035)^25
A=15000(1.035)^25
A=15000*2.36324498427
A = $ 35,448.67
We see that Bill will earn
$ 20,448.67 from his investment
I got 4 but i’m not 100% correct
Answer:
It will be 3 in by 4 in
Step-by-step explanation:
Original dimension is 6 in by 8 in
If he scale it down by a factor of 1/2
The new dimension will be
1/2(6) by 1/2(8)
= 3 by 4
= 3 in by 4 in
Answer:
x=10
Step-by-step explanation:
5/8x - 11/2 = 3/4
Multiply each side by 8 to clear the fractions
8(5/8x - 11/2 = 3/4)
5x - 44 = 6
Add 44 to each side
5x-44+4= 6+4
5x= 50
Divide by 5
5x/5 = 50/5
x =10
Fortnite 67Step-by-step explanation: